Top Midday Decliners

MT Newswires Live01:27

Guidewire Software's (GWRE) fiscal 2027 outlook disappointed amid elevated expectations after its strong fiscal Q4 results, RBC Capital Markets said in a Friday note.

Shares sank 20.8%, as intraday trading volume jumped to about 2.5 million from the stock's daily average of roughly 1.54 million.

Lululemon Athletica (LULU) reported softer-than-planned fiscal Q2 results and lowered its fiscal 2026 guidance again, prompting a cautious stance on the stock, as the delayed start of incoming CEO Heidi O'Neill leaves the company a "rudderless ship" and risks further competitive disintermediation amid deteriorating macro conditions, Oppenheimer said Friday.

Shares slumped 17% as intraday trading volume catapulted to over 28.3 million from a daily average of nearly 3.7 million.

Tesla (TSLA) shares dropped 6.3% after the US National Highway Traffic Safety Administration said the company's Cybercab is under investigation over the process used to claim compliance with federal vehicle safety standards.

Over 45.3 million shares traded intraday versus a daily average of roughly 41.8 million.

Price: 160.64, Change: -42.23, Percent Change: -20.81

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